April 8 Afternoon BTC/ETH Market Analysis



BTC and ETH synchronized a strong rally early in the session, reaching a local high before entering a high-level consolidation and correction phase. Prices are repeatedly testing around the short-term moving averages, with bullish momentum slowing down, and the market entering a period of accumulation. On the 15-minute chart, both BTC and ETH show signals of MA7 and MA30 flattening and converging, with trading volume significantly reduced compared to the rally phase. Prices are under pressure below previous highs, indicating a clear short-term consolidation pattern. Currently, BTC is fluctuating around the 71,700 level, while ETH remains above 2,250. The overall bullish trend remains intact, with the afternoon leaning toward high-level consolidation and accumulation. Watch for key support and resistance breakouts.

BTC Trading Strategy: Buy near 70,800-71,300, target 72,000-73,000, stop loss below 70,500

ETH Trading Strategy: Buy near 2,220-2,240, target 2,265-2,300, stop loss below 2,210#加密市场回升
BTC5,52%
ETH7,96%
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BtcXiaoHevip
· 5h ago
Satellite BTC
xh12
24
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